Induction Technology Corporation

What Induction Technology Corporation does

Induction Technology Corporation (ITC) is a US-based designer and manufacturer of industrial induction melting and heating systems, founded in 1979 and headquartered in Apple Valley, California. The company became a subsidiary of UltraFlex Power Technologies on July 1, 2019, and maintains operations across a 30,000+ square-foot manufacturing facility on 5 acres of industrial property. ITC produces a complete vertical stack of induction equipment — melting furnaces (tabletop, compact power cube, cube, lift & swing, and steel shell models with capacities from 50 lb lab units to 15,000+ lb production systems), solid-state power supplies spanning 2 kW to 1000 kW (including the patented SmartPower MEGA low-frequency platform), water cooling and recirculating systems, and ancillary components such as induction coils and water-cooled flex leads. The company operates ISO 9001-certified manufacturing and builds equipment compliant with CE, WEEE, RoHS, NFPA 70, NFPA 79, UL 508A, and UL 1012 standards.

ITC's technology is centered on modular solid-state induction power conversion paired with purpose-built melting furnaces. The patented SmartPower modular architecture is described as offering the widest load matching capabilities in the market, enabling incremental power additions to existing systems rather than full replacement. PLC-controlled systems with HMI interfaces provide local and remote monitoring, process control, and data acquisition. Equipment serves ferrous and nonferrous melting applications including iron, steel, brass, aluminum, and precious metals (gold, silver, platinum), with billet heating systems extending into forging, extrusion, and hot-forming operations.

Revenue is generated principally through custom-engineered equipment sales on multi-year contracts, complemented by aftermarket services (preventative maintenance, on-site and in-house repair, rebuilds, and replacement coil manufacturing for both ITC and third-party units). Pricing is quote-based with no public list. Distribution combines direct enterprise sales with global reach through UltraFlex Power Group's offices in the USA, Europe (Bulgaria), India, and China. Customers include industrial foundries, metalworking manufacturers, refineries, jewelry producers, and investment casting operations, with demand generation concentrated at major trade shows including CastExpo, Metalcasting Congress, WCIC, ICI Technical Conference, FundiExpo, and FNA.

Name

Induction Technology Corporation

Legal name

Induction Technology Corporation

Website

https://inductiontech.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

101–250 employees

Short description

Induction Technology Corporation designs and manufactures custom induction melting and heating systems—including furnaces, power supplies, and cooling systems—for industrial foundries, metalworking manufacturers, refineries, and investment casters. A subsidiary of UltraFlex Power Technologies since 2019.

Ownership category

akta.pro rank

Headquarters

HQ city

Apple Valley

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Induction Melting Equipment Sales: Design, manufacturing, and sale of complete induction melting and heating systems including furnaces, power supplies, coils, and water cooling systems. Equipment ranges from tabletop units to 10+ ton capacity industrial furnaces.
2. Aftermarket Services and Support: Technical support, preventative maintenance, equipment start-up, on-site or in-house repairs, and extended warranties for induction melting equipment.
3. Rebuild and Repair Services: Rebuilding and repair services for induction furnaces and coils from various manufacturers, including partial and complete rebuilds, replacement parts for OEMs, and water-cooled power cable services.
4. Replacement Parts and Coils: Manufacturing and sale of replacement coils for induction melting and heating systems, covering capacity range from 5 lbs to 10 tons and above.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Induction Technology Corporation (ITC) designs and manufactures complete induction melting and heating systems for industrial foundries and metalworking operations. The product portfolio includes induction melting furnaces (tabletop, compact, cube, lift & swing, and steel shell models ranging from 5 lbs to 15,000+ lbs capacity), solid-state power supplies (2 kW to 1000 kW), water cooling and recirculating systems, and custom induction coils. The company also provides furnace rebuild and repair services, custom engineering, replacement coils, and billet heating systems.

Product overview

Induction Technology Corporation (ITC) designs and manufactures complete induction melting and heating systems for melting ferrous and nonferrous metal alloys. The product portfolio centers on induction melting furnaces (including tabletop, compact power cube, cube, lift & swing, and steel shell models) paired with solid-state induction power supplies (2 kW to 1000 kW range, including SmartPower MEGA). Supporting infrastructure includes water cooling and recirculating systems, induction coils, and water-cooled flex leads. The company also offers custom engineering services, furnace and coil repair/rebuilding, and billet heating systems. ITC operates as part of UltraFlex Power Technologies Group and maintains ISO 9001 certified manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Induction Melting Furnaces Complete induction melting furnaces for ferrous and nonferrous metal alloys in multiple configurations (tabletop, compact, cube, lift & swing, and steel shell models), ranging from 5 lbs to 15,000+ lbs capacity, for industrial foundries and metalworking facilities.
• Induction Power Supplies Solid-state induction power supplies ranging from 2 kW to 1000 kW, including Next Generation Low Frequency SmartPower MEGA, High Frequency, and Low Frequency models for powering induction melting and heating systems.
• Water Cooling and Recirculating Systems Water cooling and recirculating systems to maintain proper operating temperatures in induction melting equipment, including single and dual water pumps, cooling towers, chillers, tanks, and compact motor control centers.
• Induction Coils Custom-designed induction coils manufactured from high conductivity copper tubing with proper wall thickness for maximizing electrical efficiency in induction melting and heating applications.
• Water-Cooled Flex Leads Water-cooled power cables and flex leads for efficient water flow to and from induction coils, with optional fire retardant sleeve available for protection against damage from heated material.
• Complete Induction Melting Systems Complete tilting melting systems combining power supplies with furnaces for precious metal melting of gold, silver, platinum, ferrous and non-ferrous metals.
• Compact Power Cube Furnace Compact melting furnace for small-scale melting applications with up to 50-60 lb steel capacity, constructed for one-man pouring action with air-over-oil hydraulic cylinder for easy tilt assistance.
• Cube Induction Melting Furnace Cube-style induction melting furnace with capacities ranging from 20 kg to 900 kg of steel and 40 kg to 1300 kg of brass, featuring durable construction with cast and fired refractory top and bottom blocks.
• Steel Shell Melting Furnace Heavy-duty steel shell coreless induction melting furnaces ranging from 1,500 to 15,000+ pounds (680 to 6,800 kg) capacity, designed to eliminate distortion and increase lining life, with optional hydraulic lift and swing lid.
• Lift & Swing Melting Furnaces Lift and swing melting furnaces featuring lifting mechanism that swings over 90 degrees left or right for full crucible access, with crucible pedestals and refractory-lined spill pans.
• Tabletop Induction Melting Furnaces Tabletop-sized induction melting furnaces designed for small-scale or laboratory melting applications.
• Furnace and Coil Repair Services Rebuilding and repair services for induction furnaces and coils from various manufacturers, including partial and complete rebuilds, replacement parts for OEMs, and on-site preventative maintenance.
• Custom Engineering Services Custom engineering design and support for new equipment start-ups or custom-designed systems built to suit unique customer applications, including technical support, preventative maintenance, equipment start-up, and on-site or in-house repairs.
• Billet Heating Systems Billet heating systems for heating steel, copper, aluminum, and other non-ferrous metal billets to temperatures from room temperature to over 1500°F (815°C) for forging, extruding, and hot forming processes.
• SmartPower MEGA Power Supply Next Generation Low Frequency Power Supply featuring patented SmartPower modular design with the widest load matching capabilities in the market, allowing more power to be added to existing systems when required.
• New Replacement Coils Replacement coils for induction melting and heating systems available for ITC equipment and other manufacturers, with capacity range from 5 lbs to 10 tons and above.
• New Custom Coils New custom coils designed and manufactured for specific production needs to maximize efficiency of melting or heating processes for industrial customers.

Quantifiable outcome

• Custom Steel Shell Furnace melts 4,000 pounds of aluminum per hour
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• UltraFlex Power TechnologiescoreStrategic or Co-development Partner · 1 July 2019UltraFlex Power Technologies, a leading manufacturer of highly advanced modular induction heating equipment headquartered in New York, acquired Induction Technology Corporation (ITC) on July 1, 2019. The acquisition supports UltraFlex's vision to meet increasing industry demands for complex induction heating and melting solutions. ITC's new products and service capabilities expanded the combined product lines offered by both companies. UltraFlex has sales and support offices in USA (New York and California), Europe (Bulgaria), India, and China.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Inductotherm Group: The world's largest manufacturer of induction melting and heating equipment, serving foundries, forging, and heat-treating markets. Directly comparable to ITC across coreless furnaces, power supplies, and billet heating, with a much larger global footprint.
• EFD Induction: Global supplier of induction heating and melting solutions for forging, heat treatment, and melting applications. Competes head-to-head with ITC in coreless furnaces, billet heating, and turnkey melting systems.
• Ajax Tocco Magnethermic: Manufacturer of induction heating and melting systems for forging, heat treating, and metal melting. Overlaps directly with ITC's furnace, power supply, and billet heating product lines.
• Ambrell (now part of inTEST): Induction heating solutions provider serving smaller-scale and precision heating applications. Direct overlap with ITC on solid-state power supplies and induction heating technology, with a complementary focus on smaller footprints and lab/bench systems.
• Inductoheat: Manufacturer of induction heating equipment for heat treating, forging, and melting. A direct competitor in industrial-scale induction melting and billet heating, with comparable custom-engineering capabilities.
• Radyne Corporation: Designer and manufacturer of induction heating systems, primarily for forging, heat treating, and melting. Comparable mid-sized US-based competitor with similar product breadth in power supplies and coils.

Broad incumbents

• UltraFlex Power Technologies: ITC's parent company and a leading manufacturer of modular induction heating equipment. Operates in adjacent product lines (heating vs. melting) and provides the global platform through which ITC distributes its melting products.
• Pillar Induction (now part of Inductotherm): Provider of induction heating and melting systems, now part of Inductotherm. Overlaps with ITC across power supplies, coils, and full melting systems for the metalworking industry.
• Fuji Electric: Large Japanese industrial conglomerate with induction heating equipment offerings among its broader power electronics and industrial systems portfolio. Competes in the same end markets as ITC with broader geographic reach in Asia.

Emerging players

• ABP Induction: Induction technology specialist serving foundry, steel, and metallurgical applications with melting and heating systems. Direct overlap with ITC's furnace and power supply portfolio, primarily serving European markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/InductionTechCorp
• Facebookfacebook.com/InductionTechCorp
• LinkedInlinkedin.com/company/induction-technology-corporation
• Instagraminstagram.com/inductionfurnaces_itc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Induction Technology Corporation